ISO has received approval of its filings introducing new ISO Risk Analyzer Homeowners by-peril rating rules in 13 states, with filings pending approval in several other states. The optional rules provide by-peril rating relativities for key homeowners rating variables. When used in conjunction with the current Risk Analyzer Homeowners environmental rating rules, insurers can benefit from more in-depth by-peril analysis of homeowners risks within their books of business.

ISO says both the by-peril rating rules and the combined all-perils environmental rating rules use output from Risk Analyzer Homeowners, a predictive model that develops expected losses at a much more refined geographic level than traditional territories.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access